Corporate deals
Mergers and Acquisitions, deal making, takeovers
AMCE receives $75 Million donation for subsidization of Sickle cell cure in Nigeria, others - CEO
The CEO of the African Medical Centre of Excellence (AMCE), Brian Deaver, has disclosed that the Ford Foundation has attracted...
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FG signs $7.5 million agreement with Gates Foundation to build Nigerian AI Scaling Hub
The Federal Government of Nigeria has signed an agreement with the Gates Foundation to establish the Nigerian AI Scaling Hub...
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Kenya approves Moniepoint’s acquisition of 78% stake in Sumac Microfinance Bank
The Competition Authority of Kenya (CAK) has given its approval for Moniepoint Inc.’s proposed acquisition of a 78% stake in...
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WHO, TY Danjuma Foundation sign $2.26 million deal to strengthen Nigeria’s health sector
The World Health Organization (WHO) in the African Region and the TY Danjuma Foundation have signed an agreement worth S$2.26...
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Access Bank completes acquisition of National Bank of Kenya to deepen presence in East Africa
Access Bank Plc has announced the acquisition of the National Bank of Kenya (NBK) in a strategic move aimed at...
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Ghana signs $1 billion deal with UAE to build Tech Hub in Ningo-Prampram
Ghana and the United Arab Emirates (UAE) have signed a $1 billion memorandum of understanding (MoU) to establish a world-class...
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TotalEnergies exits Bonga Oilfield, sells stake to Shell for $510 million
French oil giant TotalEnergies has announced that its Nigerian subsidiary has agreed to sell its non-operated 12.5% interest in the OML118 Production...
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Telegram secures $300 million deal with Elon Musk’s xAI to integrate Grok chatbot
Social media app, Telegram, has secured a $300 million investment from Elon Musk’s artificial intelligence company, xAI, in a deal...
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Lagos Govt, ZoomLion to build Transfer Loading Station at Olusosun ahead of dumpsite closure
The Lagos State Government has signed an agreement with ZoomLion Nigeria, a subsidiary of the Jospong Group, to construct a...
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OpenAI to acquire iPhone designer Jony Ive’s AI devices startup for $6.4 billion
OpenAI has announced plans to acquire io Products, the hardware startup co-founded by former Apple iPhone design chief Jony Ive,...
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